There are more estate planning opportunities as a result of inflation-adjusted figures recently released by the IRS. The gift, estate, and generation-skipping transfer (“GST”) tax exemption amounts are each increasing to...more
11/23/2022
/ Beneficiaries ,
Charitable Lead Annuity Trust ,
Estate Planning ,
Estate-Tax Exemption ,
Generation-Skipping Transfer ,
Gift-Tax Exemption ,
Grantor Retained Annuity Trusts (GRATs) ,
Income Taxes ,
Price Inflation ,
Tax Code ,
Tax Exemptions ,
Trusts
On September 13, 2021, the House Ways and Means Committee formally released its proposed tax provisions to be incorporated into the broader budget reconciliation bill it hopes will pass in the near future (the “Tax...more